Market Risk Manager in London

Market Risk Manager in London

London Full-Time 70000 - 90000 £ / year (est.) No home office possible
Saxton Leigh

At a Glance

  • Tasks: Manage and analyse market risk activities while collaborating with senior management.
  • Company: Global banking organisation expanding into the UK and European markets.
  • Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
  • Other info: Ideal for self-starters who thrive under pressure and enjoy teamwork.
  • Why this job: Join a leading bank and make an impact in market risk management.
  • Qualifications: 5+ years in market risk management, strong technical skills, and excellent communication.

The predicted salary is between 70000 - 90000 £ per year.

THE COMPANY: Our client is a global diversified banking organisation with a solid presence in Asia-Pacific Region, emerging into the UK and European market with strong growth plans.

THE RESPONSIBILITIES:

  • Manage and analyse market risk activities and limits.
  • Monitor market positions with respect to market conditions.
  • Escalate positions and activity that are not in line with the bank's risk appetite to senior management.
  • Daily aggregation, validation, and monitoring of risk.
  • Regular reporting of risk positions, limit breaches, and stress testing results for branch management and regulatory compliance.
  • Identification and investigation of changes to risk profile, including analysis of VaR and stress drivers.
  • Communication of findings to senior management.
  • Working with the front office to understand and address breaches as necessary.
  • Reviewing new transaction requests, identifying, and assessing the key risk issues, including capital impacts.
  • Responsible for modelling and monitoring of IRRBB and transaction FX risk.
  • Develop stress testing scenarios, reverse stress testing and stress testing platform.
  • Develop a good understanding of risk systems and help to drive improvements where necessary.
  • Develop and implement new reports to improve risk visibility.
  • Lead and contribute to ad-hoc risk management initiatives and projects.

EXPERIENCE REQUIRED:

  • University graduate with at least 5 years' experience in market risk management and/or trading functions.
  • MBA, CFA and/or industry designation is a plus.
  • Strong depth of knowledge of Rates, FX and/or Credit markets and products.
  • Demonstrable knowledge of derivative pricing, VaR methods, market data analysis, IRRBB and stress testing.
  • Strong technical skills in VBA, SQL, Matlab, and/or C++, etc.
  • Ability to understand and interpret complex business requirements.
  • Ability to show resilience under pressure, including working to tight deadlines and be able to simultaneously manage competing demands.
  • Self-starter with a demonstrated team player attitude and an ability and willingness to take initiative beyond the core mandate of the role.
  • Excellent verbal and written communication and presentation skills.
  • Strong proficiency in English. Proficiency in Mandarin is desirable.

For further information please contact Marcus Courtney.

Market Risk Manager in London employer: Saxton Leigh

As a global diversified banking organisation, our client offers an exceptional work environment for a Market Risk Manager, characterised by a strong commitment to employee development and a collaborative culture. With a solid presence in the Asia-Pacific region and ambitious growth plans in the UK and Europe, employees benefit from unique opportunities to engage in impactful projects while enjoying competitive remuneration and comprehensive benefits. The company fosters a dynamic atmosphere that encourages innovation and professional growth, making it an ideal place for those seeking meaningful and rewarding careers in the financial sector.
Saxton Leigh

Contact Detail:

Saxton Leigh Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Market Risk Manager in London

✨Tip Number 1

Network like a pro! Reach out to industry contacts on LinkedIn or attend local finance meetups. We all know that sometimes it’s not just what you know, but who you know that can help you land that Market Risk Manager role.

✨Tip Number 2

Prepare for interviews by brushing up on your technical skills. Make sure you can talk confidently about VaR methods and stress testing. We recommend doing mock interviews with friends or using online platforms to get comfortable with the questions you might face.

✨Tip Number 3

Showcase your problem-solving skills! Be ready to discuss how you've tackled risk management challenges in the past. We want to see your thought process and how you can apply it to real-world scenarios in the banking sector.

✨Tip Number 4

Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. We suggest mentioning something specific from your conversation to make it personal and memorable.

We think you need these skills to ace Market Risk Manager in London

Market Risk Management
Risk Analysis
VaR Methods
Stress Testing
Derivative Pricing
Market Data Analysis
IRRBB
Technical Skills in VBA
SQL
Matlab
C++
Communication Skills
Presentation Skills
Ability to Work Under Pressure
Team Player Attitude

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Market Risk Manager role. Highlight your experience in market risk management, especially with Rates, FX, and Credit markets. We want to see how your skills align with what we're looking for!

Showcase Your Technical Skills: Don’t forget to showcase your technical skills in VBA, SQL, Matlab, or C++. These are crucial for the role, so let us know how you've used them in your previous positions. We love seeing candidates who can bring these skills to the table!

Communicate Clearly: Your written communication skills are key! Make sure your application is clear and concise. Use bullet points where necessary and avoid jargon unless it’s relevant. We appreciate straightforward communication that gets to the point.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss any important updates. Plus, it’s super easy to do!

How to prepare for a job interview at Saxton Leigh

✨Know Your Market Risk Inside Out

Make sure you brush up on your knowledge of market risk management, especially in relation to Rates, FX, and Credit markets. Be prepared to discuss specific examples from your past experience that demonstrate your understanding of VaR methods and stress testing.

✨Showcase Your Technical Skills

Since the role requires strong technical skills in VBA, SQL, Matlab, or C++, be ready to talk about your proficiency in these areas. Consider bringing along a portfolio of your work or examples of how you've used these tools to solve complex problems in previous roles.

✨Communicate Clearly and Confidently

As communication is key in this role, practice articulating your thoughts clearly. Prepare to explain complex concepts in simple terms, as you'll need to communicate findings to senior management. Mock interviews with a friend can help you refine your delivery.

✨Demonstrate Your Initiative

This position values self-starters who can take initiative. Think of instances where you've gone above and beyond your core responsibilities. Be ready to share how you’ve contributed to ad-hoc risk management initiatives or improved processes in your previous roles.

Market Risk Manager in London
Saxton Leigh
Location: London

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